Please enable JavaScript.

Coggle requires JavaScript to display documents.

CENTRAL BANK, ..., ... - Coggle Diagram

- - - - Agent
        
        A
        
        advises govt on financial , eco and monetory matters
        
        manages public debt
      - current account /accepts receipts and makes payments on behalf of govt./carries out exchange remmittance and other banking operations/ advances loans for temp period / govt borrows by selling treasury bills
  - - - L
        
        lender of last resort \ guarrantor
      - C
        
        clearing house and reason
      - C
        
        custodian of cash reserves
    - - REGULATION [6]
      - CONTROL [2]
- - - - specific in nature as the affect the flow of credit for particular use
      - controls the direction of credit
      - selective credit control
      - eg
  - - - define
      - a pt of banking system
      - controlled by govt. or private body
      - profit motive
      - direct relation w public
      - credit creator
      - numerous
      - cannot issue currency